AutoNation, described as the largest car dealership chain in the United States, told Fortune that discounts on new vehicles may be a thing of the past, and may not return after the pandemic. “We will not return to excessively high …
Hyundai, Kia, and Genesis topped the list of J.D. Power’s Vehicle Dependability Study rankings. The 2022 study included more than 29,000 U.S. owners of 2019 model-year vehicles three years after purchase. “Many owners are holding on to their vehicles longer, …
A cargo ship carrying up to 4,000 vehicles—Porsche, Volkswagen, and Bentley models and heading for the United States—caught fire as it was traveling through the Atlantic. “Our immediate thoughts are of relief that the 22 crew of the merchant ship …
The trucker convoy blockades that blocked the U.S.-Canada Ambassador Bridge border for approximately one week may have cost the automotive industry US$299.9 million between February 7-15. “Our updated estimate includes lost direct wages for Michigan, lost direct wages in Ontario, …
After two years of losses, the Renault Group returned to profitability in 2021 and reached a number of long-term financial targets earlier than it had anticipated. In revealing last year’s financial performance, Autocar said the company highlighted that it “has …
The automotive aftermarket’s service and repair industry experienced strong sales in 2021 even as supply constraints remain an issue, according to DesRosiers Automotive Consultants (DAC). That should be of interest to any dealer keeping tabs on the ups and downs …
Used vehicle wholesale prices remained relatively flat since the beginning of the year and for the week ending on February 15, according to Canadian Black Book’s latest update. “The Canadian wholesale market has continued to remain stable overall,” said CBB, …
The Automobile Journalists Association of Canada (AJAC) announced the names of the finalists for its 2022 Canadian Car of the Year and Canadian Utility Vehicle of the Year awards. The three finalists for Canadian Car of the Year are: the …
Canadian auto dealer editor Todd Phillips interviews David Adams, President of the Global Automakers of Canada about the rise in U.S. protectionism in the wake of the Ambassador Bridge protests and closings. Adams says Canada needs to make its voice …
Reynolds and Reynolds launched a new customer success services team through the new department it created, which aims to advance its focus on customer success. The company will focus on three areas that it believes will allow them to help …
After a trucker convoy protesting against vaccine mandates in both Ottawa and Canada resulted in the closure of Ambassador Bridge for nearly a week, the Canada-U.S. border crossing is now open. “Traffic was flowing normally across the bridge between Windsor, …
Ford CEO Jim Farley is not pleased that some dealers are charging well above the sticker price for new vehicles during a period of lean inventory and semiconductor shortages. “We have very good intelligence of who they are and their …
